NoSand's avatar
NoSand 1 year ago
Who would buy this new bond after just getting rugged on the last one?

Replies (2)

NoSand's avatar
NoSand 1 year ago
I for one would not. Lending to people who just defaulted is not high on my list of things to do. Additionally, the default would have absolutely smashed the economy with all banks and pension funds being wiped out.